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\toprule
&\multicolumn{2}{c}{Revenue-maximizing} & \multicolumn{2}{c}{Progressive wealth taxes}\\
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Outcome & Capital income tax & Flat wealth tax & Warren & Sanders\\
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\multicolumn{5}{l}{\textit{(a) Baseline model}}\\
Tax rate (p.p. chg.)&--&2.22&--&--\\
Tax threshold (\$M)&--&--&--&32.00\\
Transfer (\% avg. wage)&--&1.65&--&--\\
[1.0ex]Concealed wealth (benchmark = 1)&1.00&6.14&1.00&1.00\\
Lost revenues (benchmark = 1)&1.00&4.51&1.00&1.00\\
[1.0ex]GDP (\% chg.)&--&-5.20&--&--\\
Wage (\% chg.)&--&-6.12&--&--\\
[1.0ex]Top 0.1\% share, reported (p.p. chg.)&--&-3.93&--&--\\
Top 0.1\% share, actual (p.p. chg.)&--&11.96&--&--\\
[1.0ex]Welfare (\% chg.)&--&-4.94&--&--\\
Approval rate (\%)&--&17.76&--&--\\
\midrule
\multicolumn{5}{l}{\textit{(b) No-evasion counterfactual}}\\
Tax rate (p.p. chg.)&30.79&16.67&2.00&1.00\\
Tax threshold (\$M)&--&--&50.00&32.00\\
Transfer (\% avg. wage)&2.51&4.95&0.35&0.42\\
[1.0ex]GDP (\% chg.)&-20.20&-21.00&-0.71&-0.89\\
Wage (\% chg.)&-19.44&-20.54&-0.39&-0.50\\
[1.0ex]Top 0.1\% share, actual (p.p. chg.)&1.27&55.75&-2.39&-2.85\\
[1.0ex]Welfare (\% chg.)&-14.44&-11.76&0.69&0.79\\
Approval rate (\%)&1.16&14.97&99.57&98.87\\
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\end{tabular}
\normalsize
